2023 BMW 5 Series vs. 2024 BMW 5 Series
iSeeCars' unbiased and data-driven comparison of the 2023 BMW 5 Series and 2024 BMW 5 Series contrasts the two cars across a broad spectrum of vehicle specifications to determine which car is better. In addition to comparing pricing and specs, iSeeCars uses all the ratings, rankings, and insights from its comprehensive analyses of each vehicle model, including calculations of reliability, safety, depreciation, value retention, and the vehicle's projected lifetime recalls (based on analyzing over 25 billion data points). This in-depth evaluation is used to identify which vehicle represents a better overall choice for shoppers who are considering both the 2023 BMW 5 Series and the 2024 BMW 5 Series.
When we compare the 2023 BMW 5 Series's and the 2024 BMW 5 Series's specifications and ratings, the 2023 BMW 5 Series has the advantage in the areas of typical lower range of pricing for used cars, interior volume and base engine power. The 2024 BMW 5 Series has the advantage in the areas of fuel efficiency and resale value. The 2023 BMW 5 Series and 2024 BMW 5 Series have the same overall quality score Based on this comparison of the 2023 BMW 5 Series's and the 2024 BMW 5 Series's specifications and ratings, the 2023 BMW 5 Series is a better car than the 2024 BMW 5 Series.
Pricing: A used 2023 BMW 5 Series ranges from $27,700 to $51,431 while a used 2024 BMW 5 Series is priced between $38,958 to $63,954.
Resale/Retained Value: Looking at the 5-year depreciation rate for both models, the 2023 BMW 5 Series loses 63.7 percent of its value and the 2024 BMW 5 Series loses 61.4 percent of its value. This means the 2024 BMW 5 Series retains 2.3 percentage points more of its value and has the advantage of higher resale value versus the 2023 BMW 5 Series.
Quality Rating: The iSeeCars Overall Quality rating for the BMW 5 Series is 7.0 out of 10. BMW 5 Series is ranked 5 out of 9 Best Hybrid Luxury Midsize Cars based on its reliability, retained value, and safety ratings. Out of 27 Best Luxury Plug-in Hybrid Cars (PHEV), the BMW 5 Series is ranked 15 and the BMW 5 Series is ranked 15 based on its reliability, retained value, and safety ratings. The BMW 5 Series is also ranked 21 out of 37 Best Luxury Hybrid Cars while the BMW 5 Series is ranked 21 out of 37 based on its reliability, retained value, and safety ratings.
Reliability Rating: iSeeCars' Reliability Rating for the BMW 5 Series is 7.1 out of 10.
Engine Power and Fuel Efficiency Comparison: For engine performance, the 2023 BMW 5 Series’s base engine makes 288 horsepower, and the 2024 BMW 5 Series base engine makes 255 horsepower. The 5 Series is rated to deliver an average of 26 miles per gallon, with a highway range of 372 miles. The 5 Series is rated to deliver an average of 30 miles per gallon, with a highway range of 557 miles. This gives the 2024 BMW 5 Series the fuel efficiency and maximum range advantage over the 2023 BMW 5 Series. The 5 Series uses electricity, premium unleaded, and the 5 Series uses premium unleaded.
Safety Ratings: When comparing IIHS evaluations, the 2024 BMW 5 Series has the advantage with a Top Safety Pick award.
New Car Pricing
Asking Price:
-
Starting MSRP:
57600
Category Avg Starting MSRP:
(Luxury Hybrid Midsize Cars)
57147
Category Starting MSRP Range:
(Luxury Hybrid Midsize Cars)
43340 - 70500
New Car Pricing
Asking Price:
60275 - 72475
Starting MSRP:
57900
Category Avg Starting MSRP:
(Luxury Midsize Cars)
73001
Category Starting MSRP Range:
(Luxury Midsize Cars)
38395 - 138800
Used Car Pricing
Avg Used Car Price:
37233
Price Range:
27700 - 51431
Category Avg Price:
(Luxury Hybrid Midsize Cars)
38772
Category Avg Price Range:
(Luxury Hybrid Midsize Cars)
37233 - 40311
# Used Cars for Sale Nationally:
275
Avg Mileage of Used Cars for Sale:
28986
# Good or Great Deals:
76
Used Car Pricing
Avg Used Car Price:
51085
Price Range:
38958 - 63954
Category Avg Price:
(Luxury Midsize Cars)
68219
Category Avg Price Range:
(Luxury Midsize Cars)
40286 - 132492
# Used Cars for Sale Nationally:
270
Avg Mileage of Used Cars for Sale:
17091
# Good or Great Deals:
117
BMW 5 Series Scores & Rankings
Overall Score:
7.0 / 10
Reliability:
7.1 / 10
Retained Value:
6.9 / 10
Safety:
Not available
BMW 5 Series Scores & Rankings
Overall Score:
7.0 / 10
Reliability:
7.1 / 10
Retained Value:
7.0 / 10
Safety:
7.0 / 10
iSeeCars Reliability Insights for 2023 BMW 5 Series
Remaining Life Expectancy (years):
Typical Category Remaining Life Expectancy:
N/A
Category Remaining Life Expectancy Range:
N/A
Chance of Reaching 200k Miles for a New Car:
iSeeCars Reliability Insights for 2024 BMW 5 Series
Remaining Life Expectancy (years):
8.4
Typical Category Remaining Life Expectancy:
(Luxury Midsize Cars)
11.4
Category Remaining Life Expectancy Range:
(Luxury Midsize Cars)
8.4 - 21.1
Chance of Reaching 200k Miles for a New Car:
0.022
Expected 30-year Lifetime Recalls
Expected Lifetime Recalls:
6.6542959775323505
Typical Category Recalls:
(Luxury Hybrid Midsize Cars)
3.8
Category Range for Recalls:
(Luxury Hybrid Midsize Cars)
1.9 - 6.7
Expected 30-year Lifetime Recalls
Expected Lifetime Recalls:
44.079692406788794
Typical Category Recalls:
(Luxury Midsize Cars)
2.2
Category Range for Recalls:
(Luxury Midsize Cars)
0.7 - 44.1
BMW 5 Series Rankings
Ranking
2 out of / 9Ranking
2 out of / 9Ranking
4 out of / 9Ranking
4 out of / 7Ranking
5 out of / 9Ranking
5 out of / 9Ranking
6 out of / 37Ranking
6 out of / 27Ranking
7 out of / 27Ranking
8 out of / 27Ranking
8 out of / 19Ranking
9 out of / 37Ranking
9 out of / 26Ranking
9 out of / 9Ranking
11 out of / 37Ranking
15 out of / 27Ranking
15 out of / 27Ranking
15 out of / 27Ranking
20 out of / 37Ranking
21 out of / 37Ranking
21 out of / 37Ranking
25 out of / 27Ranking
35 out of / 37BMW 5 Series Rankings
Ranking
3 out of / 6Ranking
3 out of / 6Ranking
7 out of / 18Ranking
8 out of / 24Ranking
9 out of / 24Ranking
10 out of / 24Ranking
10 out of / 18Ranking
13 out of / 24Ranking
13 out of / 24Ranking
14 out of / 24Ranking
23 out of / 24Available Body Styles
Sedan
Available Body Styles
Sedan
Available Drivetrain Options
Gasoline, Plug-In Hybrid
Available Drivetrain Options
Gasoline
2023 BMW 5 Series Trim Levels
530e, 530e xDrive
2024 BMW 5 Series Trim Levels
530i, 530i xDrive, 540i xDrive
Warranty Information
Warranty, Bumper-to-Bumper:
4 years / 50000 miles
Warranty, Powertrain:
4 years / 50000 miles
Warranty, Roadside Assistance:
4 years
Warranty Information
Warranty, Bumper-to-Bumper:
4 years / 50000 miles
Warranty, Powertrain:
4 years / 50000 miles
Warranty, Roadside Assistance:
4 years
Safety Ratings
NHTSA Safety Rating (last 5 year average):
Not yet available
2025 NHTSA Overall Rating:
Not yet available
2025 NHTSA Front Crash Overall Rating:
Not yet available
2025 NHTSA Side Crash Overall Rating:
Not yet available
2025 NHTSA Rollover Rating:
Not yet available
IIHS Safety Rating:
Not yet available
Safety Ratings
NHTSA Safety Rating (last 5 year average):
Not yet available
2025 NHTSA Overall Rating:
Not yet available
2025 NHTSA Front Crash Overall Rating:
Not yet available
2025 NHTSA Side Crash Overall Rating:
Not yet available
2025 NHTSA Rollover Rating:
Not yet available
IIHS Safety Rating:
TOP SAFETY PICK
Base Drivetrain Specs
Horsepower:
288 hp @ 3800 rpm
Torque:
310 foot-lbs @ 1450 rpm
Power-to-Weight Ratio (higher is better):
0.067 hp per pound
Base Drivetrain Specs
Horsepower:
255 hp @ 4700 rpm
Torque:
295 foot-lbs @ 1600 rpm
Power-to-Weight Ratio (higher is better):
0.063 hp per pound
Engine Specifications
Engine Size:
2 liters
Engine Configuration:
Inline
Number of Cylinders:
4
Transmission:
Automatic
Standard/Optional Drivetrain Type:
RWD / AWD
EPA Fuel Economy
(City/Highway/Combined MPG):
24 / 29 / 26
Range (city/hwy):
311 / 372 miles
Recommended Fuel Type:
Electricity, Premium Unleaded
Engine Specifications
Engine Size:
2 liters
Engine Configuration:
Inline
Number of Cylinders:
4
Transmission:
Automatic
Standard/Optional Drivetrain Type:
RWD / AWD
EPA Fuel Economy
(City/Highway/Combined MPG):
27 / 35 / 30
Range (city/hwy):
429 / 557 miles
Recommended Fuel Type:
Premium Unleaded
Standard/Optional Features
Alloy wheels:
Standard
Android Auto:
Standard
Apple CarPlay:
Standard
Bench Seats:
Standard
Bluetooth:
Standard
Internet Radio:
Standard
Keyless Entry:
Standard
Keyless Ignition:
Standard
Leather Upholstery:
Standard
Navigation System:
Standard
Paddle Shifters:
Standard
Parking Sensors:
Standard
Power outlet:
Standard
Roadside assistance:
Standard
Satellite radio:
Standard
Sunroof/Moonroof:
Standard
Voice Recognition:
Standard
Adaptive Cruise Control:
Available
Cooled/Ventilated Seats:
Available
Heated Seats
Available
Heated Steering Wheel:
Available
Massage Seats:
Available
Power Lift Gate:
Available
Wireless Smartphone Charging:
Available
Air Suspension:
N/A
Automatic Parking:
N/A
Captain's seat:
N/A
Front Bench Seats:
N/A
Panoramic Sunroof/Moonroof
N/A
Quad Seats:
N/A
Roof Rack:
N/A
Trailer Hitch:
N/A
Wifi:
N/A
Standard/Optional Features
Alloy wheels:
Standard
Android Auto:
Standard
Apple CarPlay:
Standard
Bench Seats:
Standard
Bluetooth:
Standard
Internet Radio:
Standard
Keyless Entry:
Standard
Keyless Ignition:
Standard
Leather Upholstery:
Standard
Navigation System:
Standard
Paddle Shifters:
Standard
Parking Sensors:
Standard
Power outlet:
Standard
Roadside assistance:
Standard
Satellite radio:
Standard
Sunroof/Moonroof:
Standard
Voice Recognition:
Standard
Adaptive Cruise Control:
Available
Cooled/Ventilated Seats:
Available
Heated Seats
Standard
Heated Steering Wheel:
Available
Massage Seats:
N/A
Power Lift Gate:
Standard
Wireless Smartphone Charging:
Standard
Air Suspension:
N/A
Automatic Parking:
Standard
Captain's seat:
N/A
Front Bench Seats:
N/A
Panoramic Sunroof/Moonroof
Available
Quad Seats:
N/A
Roof Rack:
N/A
Trailer Hitch:
N/A
Wifi:
Standard
Safety Features
Backup camera:
Standard
Blind Spot Monitoring:
Standard
Driver Attention Monitoring:
Standard
Forward Collision Warning:
Standard
Lane Departure Warning:
Standard
Pedestrian Detection:
Standard
Rear Cross-Traffic Alert:
Standard
360-Degree Camera:
N/A
Lane Keeping Assist:
N/A
Rear Seat Reminder:
N/A
Safety Features
Backup camera:
Standard
Blind Spot Monitoring:
Standard
Driver Attention Monitoring:
Standard
Forward Collision Warning:
Standard
Lane Departure Warning:
Standard
Pedestrian Detection:
Standard
Rear Cross-Traffic Alert:
Standard
360-Degree Camera:
N/A
Lane Keeping Assist:
Standard
Rear Seat Reminder:
Standard
Interior Dimensions
Front Head Room:
38.8 inches
Front Leg Room:
41.4 inches
Front Shoulder Room:
58.7 inches
Rear Head Room:
37.5 inches
Rear Leg Room:
36.5 inches
Rear Shoulder Room:
55.9 inches
Cargo Space:
14.5 cubic feet
Overall Interior Volume:
99.0 cubic feet
Interior Dimensions
Front Head Room:
38.8 inches
Front Leg Room:
41.3 inches
Front Shoulder Room:
59.2 inches
Rear Head Room:
37.5 inches
Rear Leg Room:
37 inches
Rear Shoulder Room:
56.9 inches
Cargo Space:
18.4 cubic feet
Overall Interior Volume:
98.0 cubic feet
Exterior Dimensions
Curb Weight:
4314 lbs
Width:
83.7 inches
Height:
58.4 inches
Length:
195.8 inches
Wheelbase:
117.1 inches
Ground Clearance:
5.7 inches
Exterior Dimensions
Curb Weight:
4041 lbs
Width:
84.9 inches
Height:
59.6 inches
Length:
199.2 inches
Wheelbase:
117.9 inches
Ground Clearance:
6.1 inches
Standard Wheel/Tire Information
Wheel Size:
19.0 x 8.0 inches
Wheel Type:
aluminum alloy
Tire Size:
245/40R19
Standard Wheel/Tire Information
Wheel Size:
19.0 x 8.5 inches
Wheel Type:
aluminum alloy
Tire Size:
245/45R19
Exterior Colors
Black
Black Sapphire Metallic / Carbon Black Metallic / Jet Black
Blue
Arctic Race Blue Metallic / Phytonic Blue Metallic
Gray
Dark Graphite Metallic / Skyscraper Grey Metallic
Red
Aventurin Red Metallic
White
Alpine White / Mineral White Metallic
Green
Not available
Exterior Colors
Black
Black Sapphire Metallic / Carbon Black Metallic
Blue
Phytonic Blue Metallic / Tanzanite Blue II Metallic
Gray
Brooklyn Grey Metallic / Dark Graphite Metallic / Frozen Deep Grey Metallic / Frozen Pure Grey Metallic / Oxide Grey Metallic
Red
Vegas Red Metallic
White
Alpine White / Mineral White Metallic
Green
Cape York Green Metallic
Interior Colors
Beige
Canberra Beige
Black
Black / Black w/ Contrast Stitching
Brown
Cognac / Cognac w/ Contrast Stitching / Mocha w/ Contrast Stitching
White
Ivory White w/ Contrast Stitching
Gray
Not available
Red
Not available
Interior Colors
Beige
Not available
Black
Black / Black/Atlas Grey
Brown
Copper Brown/Atlas Grey / Espresso Brown
White
Smoke White
Gray
Silverstone II Atlas Grey
Red
Burgundy Red
